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credit default swaps

2 Year "Study" Needed

May 21, 2010

Arkansas Democratic Senator Blanche Lincoln knew she was in a tough primary fight from her left in the person of Bill Halter. Progressives had become fed up with Lincoln's corporate-favoring ways and helped Halter become a viable competitor. In the Arkansas primary on Tuesday, Halter successfully forced Lincoln into a special Democratic runoff election the [...]

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AIG…..Brief Review

March 18, 2009

UPDATE: Here's Obama today…. AIG, big bailoutee, to the tune of $160 billion, give or take, is handing out $150 million, give or take, in contractual bonuses to mouse-clicking traders deemed by the company to be "irreplacable talent." The bonuses amount to less than .1% of AIG's total bailout package. But you would never know [...]

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Masters of Financial Disaster

February 28, 2009

UPDATE link below. From every industry, trade or profession we are confronted with words, phrases and titles that are only primarily understood by those who work in those industries, trades or professions. Nothing new or profound about that. During the course of our nation's financial implosion, we have heard new titles and phrases….ones we've never [...]

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